Product: | PAY - Payroll |
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Meaning: | Dutch LCA Tax Computation Method |
Description: | Method to be used for computing tax on LCA payments |
Code | Meaning | Description |
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1 | Periodic tax based on current period threshold value. | Periodic tax based on current period threshold value. |
2 | Periodic tax based on pre-defined periodic threshold value. | Periodic tax based on pre-defined periodic threshold value computed from previous year taxable income.. |
3 | Cumulative tax based on pre-defined annual threshold value. | Cumulative tax based on pre-defined annual threshold value computed from previous year taxable income. |
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